Benefits of Leasing a Car for Business

By Lauren Bagnall
08-04-2021
Benefits of Leasing a Car for Business

There are a range of reasons why leasing a vehicle is the better option for both individual use and businesses. It's by far the cheapest way to drive a brand new vehicle, and you don't have to worry about depreciation. But what about leasing a brand new car for your business? If you're looking to supply company cars to your employees and you're unsure whether to opt for buying or paying on a contract, car leasing might just be the best option for you.

Here at MWVC, we have a wide variety of brand new vans, cars and pickups for both personal and business lease on a range of contracts. Our affordable initial rental and monthly rental prices are perfect for all budgets, and vehicle leasing is the best option if you're looking to manage your finances. Still wondering what a car leasing deal can provide for your business? Read our latest article below.

Cheaper Option

If you're looking to buy your staff company cars, you might want to think again. Paying upfront for a vehicle can put a huge dent in your finances, and all cars depreciate over time. This means that if you wish to sell the car in a few years time, it won't be worth as much, making upfront payments a pretty bad investment. When looking to lease vans or cars for a business, you get the vehicle for a set number of months, from 24 to 60, and you give it back at the end, and that's that. You can even opt for a brand new leasing contract with a brand new vehicle.

Here at MWVC, we provide van, pickup and car leasing in Leicester and across mainland UK, delivering your new vehicle straight to your door, free of charge. Our leasing experts can offer you impartial advice on the best car for your business, providing you with a contract and monthly rentals best suited to your preferences. You can view our impressive special offers by visiting us here.

VAT Benefits

If you lease as a business and you're VAT registered, you can claim back 50% of the VAT on the rental payment for the vehicle. Also, if you take out a maintenance agreement, you will be able to claim back 100% of the VAT of the maintenance element in the rental. Businesses benefit greatly from leasing company cars and commercial vehicles alike due to their VAT breaks, as it’s another way to manage your finances.

As a leasing company authorised and regulated by the financial conduct authority (FCA), we always strive to make sure your business benefits from your lease. Monthly rentals can ensure that you're keeping on top of what's going in and out of your account, and by saving on VAT, you're guaranteed to get the most out of your contract. Car leasing is a great option for businesses who have travelling employees, but if you're looking for a more commercial vehicle, check out our van leasing deals today.

Better Reputation for your Business

When your employees are travelling to visit clients or potential customers, it's always better to be driving around in a brand new car. Newer models can showcase your professionalism and even boost your reputation as a well-established company. By having an up-to-date, professional brand, it can reflect well on how people perceive your company, which in turn benefits your business.

Here at MWVC, we have a number of brand new vehicles that would make the perfect company car. The all new Renault Zoe is fully electric, and can be a great way to make an environmentally-conscious statement. If you would like to discuss our range further, you can get in touch with a member of our friendly team today by calling 0116 259 9548.